We may be paid by companies we feature. This may influence rankings.

5.48%–17.99% APR (outcomes-based, no cosigner)· #5
Check Your Rate
Ascent Student Loans

Ascent Funding LLC

Ascent Student Loans

Loans for students who don't have a creditworthy cosigner

Ascent is the only major lender with outcomes-based loans that don't require a cosigner, making it a lifeline for independent students. Their 1% graduation cash back and merit scholarships show genuine commitment to student success beyond just the loan transaction.

✓ Pros

  • Outcomes-based loans for juniors/seniors with no cosigner required
  • 1% cash back at graduation for qualifying borrowers
  • Merit scholarship available regardless of financial need

✕ Cons

  • Rates significantly higher without a cosigner
  • Available loan amounts lower than some competitors without cosigner

Scores

Overall
8.6
Safety
8.8
Value
8.6
Ease
9
Quality
8.7

Specifications

apr Range5.48%–17.99% (no cosigner)
loan Amounts$1,000–$200,000
repayment Terms5–20 years
cosigner Requiredfalse
graduation Bonus1% cash back